If anyone's interested: I had an appointment today for H1B visa revalidation. Overall it was a smooth experience. I was asked for my paystubs though.
Degree etc was not asked for. Total interview time was 2 minutes. The only question I was asked was whether I am working for the same company for which I had received an H1 visa previously. In my case that holds true. I also had an F1 visa previously. US Degree.

I have finished my first review of H-4 EAD Regulations (effective 26 May 2015). Here are the takeaway points: